Find out why is the Dollar trading near its 3-week low?
U.S. stock futures slipped today, signaling a muted opening for major indexes that stand at record highs ahead of a busy week of corporate earnings and economic data.
What lies ahead for Global markets and how did the Rupee fare?
Indian equities fell the most in over a month as a rapid surging second wave of the coronavirus across the country acted as the key deterrent to market sentiment.
The Indian rupee dropped for the sixth consecutive session against the dollar, as a surge in coronavirus cases intensified fears of a delay in economic recovery.
3:30PM-MYFOREXEYE USDINR-75.06 EURINR-89.36 JPYINR-0.6867 GBPINR-103.145 DXY-92.126 USDCNY-6.5467 GOLD-1741.4 BRT-63.31
Pound bounced back from 2 month lows and traded around 1.3750 amid timid US Treasury yields capping Dollar’s gains.
Check out how European markets are reacting today
Indian rupee gave up losses and traded at 74.89/74.90 compared to 74.7350/74.7450 in the previous session, as foreign banks’ dollar sales offset impact of selloff in Indian equities.